being well i don't think they're doing very much to mend the economy i think that their policies of made things worse. the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small ways to give it a bit of a stimulus but i think they're quite new initiatives and it's too early to say how much effect they'll have but in general i don't think they will have very much effect and so i don't think at the moment they're doing anything very much to help because there's an awful lot of talk about prioritizing the economy and it's the main thing that we have to work on that on that same time you say that not very much is being done at all one thing is that they're blaming everyone but themselves first of all it was it was the euro crisis then it was the high high

commodity rise in commodity prices and so they claim that the policy of a sterile should bring about the recovery but that it's been derailed by these unfortunate acts shocks but the policy of a sterile is basically wrong when there's a lack of private sector demand when banks aren't lending when businesses don't want to borrow when people are cutting down their spending because they want to reduce their debt when the government then adds to that sort of downward pressure on spending then it's no surprise that the economy isn't growing is does that come from an inherent misunderstanding of how economies actually work on the government's part so i do think it comes from a misunderstanding of how economies work you see i think the coalition came into office with a belief which was often expressed by george osborne that as soon as a stir. he was seen to be working as soon as the government committed itself

to a credible plan of deficit reduction everything else would perk up there'd be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to businessmen that cause them to want to increase. their business and the government was shrinking the market by its policy so it could talk up the economy all it wanted but the policies were pointing in a different direction austerity we now know hits the poor significantly harder than it the writs presumably that means that during this recess and the gap between the rich and the poor will widen even further yeah that's that's already happening a real real incomes have been going down because prices have been going up

a bit and of course welfare benefits are being slashed. a lot of a lot there are lots of cuts in the public services and the rich are better able to insulate themselves against some of these effects for example house prices in london haven't gone down at all especially in the wealthy areas and in fact they may be going up a bit so the world of the wealthy has been well maintained but people who have relied on incomes from wages have been hit and of course there has been since the beginning of the. recession a very big rise in unemployment even more significant perhaps a very big rise in part time employment is happening jay graphically as well where rich regions get richer and poorer regions get poorer do you see a strategy by the governments in which areas that do act. comically well well

apparently be rewarded while areas that do economically badly will be left to kind of fester and degenerate what's the economic justification for that well i think the government wants to back winners. and. and it believes that the winners come about through self. through through act the private private initiative sensually and so it wants to back back for strong and hope for powerful encourage the weak but of course this gap between the regions has been longstanding and recently most of the world that's been generated in the last ten twenty years has been in southern england and so the gap between the north and the south which had been actually getting less in the mid medias of the century has last century started to grow again and economists seem to almost universally to

reject austerity and embrace advocate borrowing and spending instead why isn't the government doing that well i don't think you're right i don't think the majority of economists do i mean the majority of economists say that the government is right to in its in its budget a budget deficit in its deficit reduction programs but it needs to do something else but what they don't explain is how doing something else can we make consistent with a reduction in government borrowing. you know government produces borrowing they say must reduce its borrowing then it's hard to know how it's going to do something else because unless it raises taxes for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway position a more or less there's no alternative to. but astaire it isn't

a growth policy therefore the government should do something else but when it when you actually asked them what should it do they get all vague. i think they should cancel a lot of the a stereotype policy i think they should cancel the cuts in capital spending particularly and because of that that those schemes were ready to run when the coalition took office and they have been put into cold storage they could be this is buildings building schools building and building houses hospitals all these projects that were canceled because the government was cutting down its spending i think should be un cancelled i think they should be revived so you saying you've got to speculate to accumulate in a way not speculate spend you've got to spend because you see at the moment they're not meeting their deficit reduction targets they're not reducing the national debt in fact it's going up the whole time. and it and it's going up because the economy

is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities of easing for the public saying that the debt that private individuals have needs to be reduced under the scheme he says that cash should be issued to individuals and those with debt would have to use it to pay that debt down and those without it would have a cash injection and it sounds like a great scheme and do you think it would work but well i've suggested this as well in an article in the new statesman last week yeah that's fine i mean if you put money in that into the hands of the people. and make sure they as you say spend it in. one way or another. then i think that it was

a boost to the economy because they could increase their spending and therefore set up a demand for shoes and clothes and food and all the things that people spend money on and so that'll be good for business that's i think that's a good idea i actually suggested that the government give every household one hundred lb christmas present time limited so they need to do something with it can't just put it under the bed would that kind of policy be popular people were constantly hearing that there is no money now i think it would be popular i think everyone enjoys getting christmas presents and people really expect them from the government we've seen a year wide backlash against austerity what do you think prime minister david cameron's chances are being reelected if he continues if this territory continues if there's no change of policy if the measures that are now being proposed small or

is ineffective as one thinks they may be then i think his chances of winning the next election a very very small. because i think that there won't be a recovery his best chance of winning an election in two years' time is if there are proper green shoots of recovery and people can see them and they feel they're feeling better about the economy they're feeling better about their prospects they're feeling better about getting jobs and feeling better about getting more income then i think he'll benefit from that and have a good chance of winning but i don't think anything like that is going to happen under present policy so i think their chances of losing must be very high it's a keynesian idea that capitalism is a way towards working less than having enough is the current economic crisis results if that's what we thought of the rails well that was a very long run i mean that was a long run idea that keynes have. that in the end

a successful capitalism should enable people to work less. and and enjoy life more and he thought hours of work over time would shrink as we got richer but that assume that we wouldn't fall into these holes that you know that progress would be steady and you wouldn't have any more slumps but we're in we're in a slump we had the big collapse and at this point the priority is to get as many people back to work as possible and get as much production as you can because that full speed things along speed the road to utopia. so i think you mustn't confuse the short what needs to be done in the short run and our long run prospects one of the things that is the railed against this theory is this consumerism that we've all fallen into the spell of where we have to work more to buy more to have

more are you worried that more crises will follow because of the way we work and because of what we're working for it's a very good question i think we are consumption mad society and in order to go on consuming we have to go on earning money by working and working harder than most people want to and getting into debt and then the whole machine is driven by advertising and that does create a problem it means that as technology reduces the number of jobs and yet we all under this impulsion to consume more and what how do we see things developing what should happen is that on the whole we should give up growth as the top priority. and make sure we have enough work sharing so that people can get work but not most people working forty or forty five or fifty hours a week. and then another fifteen or twenty percent not working at all or only

working very part time we need to sort of distribute work better among among among people who want to work and also make sure there's more leisure so people can pursue pursue things for their own sake do things that interests them. and that's the way forward otherwise we're all sort of treadmill and i think. you're right they'll be more and more crises as a result of it no dramas can thank you. overcoming

a barrier like this seems possible. but then you create something higher. and when you reach stuff you. go do whatever it takes to get all the talk of the world on artie's.

by horse. by tractor. by car for the road ends. as a carpenter. as a stove setter. as a farmer. as an assistant. as a friend. as a relative. delivering post and delivering. it's .

the latest news on the week's top stories war looms between turkey and syria after four days of course border bombardment. but some experts suspecting the rebels are trying to provoke foreign intervention five turkish civilians were killed during the first salvo of mortar fire from syria on wednesday. moscow demands an investigation after a twenty four year old russian student was brutally beaten a canadian detention center as doctors remain uncertain of his chances for a full recovery. and only hours left before venezuelans head to polling stations for the presidential vote the current socialist leader which obvious is said to be

facing his toughest challenge ever from a young democrat aiming to liberalize the country's oil dependent comedy. and up next we've got the latest sporting news was. welcome this was a great to have you with us as always with the headlines. out of steam like much he'd miss the chance to go join top of the russian premier league optimism one nil but. red bull flying sebastian vettel dominates qualifying to clinch for pole position of the season because some of these japanese gone three. to toss or maria sharapova eases past mali to set up the china open for no man's world number one victoria azarenka. let's get started with football where. miss for

chance to join g of a top of the russian premier league table after losing one nil at home to. keep. out of his way to try to keep his stories gold in times book ration just failed to stall what turned out to be the only goal of the game. to remain in striker georgiev who beat him to the post with twenty minutes to go despite the visitors musing our. second yellow card of a point a minute beauty crosses you on the side on to his former club to stay for the band they're up to fifty. one days basement second from bottom of the all the new to the point of safety of their wanting to know what's wrong both in boulder for eleven minutes a penalty. scene put the visitors in front for ten minutes before half time show me the daughter of have a chance to equalise the scum of the ball over the top of the often penalties vault

and courage to go g. of says he'll penalize destroyer wasn't supposed to set up but a last minute free kick from p. or. more to no victory these borg are four points adrift of the bottom of the table . wall in the late game clueless soviets of twice came from behind make sure the spoils were shared two two at the line here. scored in each half of the home side to go joint top of the scorers list with long goals in eleven games for the brazilians first brace of the season was cancelled aren't as roman going to. tell is both equalized is the point. in toto plateful clearly a month behind the champions is a need some people. meanwhile on sunday sponsored moscow take on serious. side very inconsistent this season however when the last two games were russian premier league however we're looking at to get back to winning ways opera disappointing three two loss to celtic in the champions league in midweek and

trying to balance and could make a return to the starting line up the brazilians been out of action to be in the u.s. were to find very. much winning streak in dr disappointing to me a loss of due nominalist weekend and to make matters worse for the l.b. were violent islands or go live. to striking move in that game. elsewhere on sunday league leaders on g.d. travel to the namo struggling near the foot of the table however when the last two games will be in maximum points and non-science imposed on guard over jenkins he needs travel to see cars that are looking for will be their first win in four games . well over to england chelsea have gone four points clear at the top of the english premier league after coming back from a goal down to win four one at home to knowledge goals from fernando torres for england. and solve an image of the blues poinsettia and twice had to come from behind to draw to cheer wigan and they stay for. a fall from to beating robots and

q.p.r. free to an all souls who came from behind when free won at west ham to go fifth. in from two goals down to draw to you. home to reading while the champions manchester city beat sunderland by three goals to nil. in spain real madrid coach will say marino expects the wall to stop to watch his side play at league leaders and on trials barcelona in sunday's el classico champions ryall a six in league or an eight points behind the couple and joins are just six games gone in new season but marine you feels the pressure is now on both sides to put on a good show. that will stop. every one of the ones a big match. and. i would say the three. have the responsibility to give the world what that will. so.

but it's a little more than. the referees the in the business of the. formula one and two time defending champion sebastian vettel has claimed his four pole position of the season has red bull team dominating qualifying for sunday's crunch japanese grand prix the twenty five year old was the only driver trick or lap time of under one minute and thirty one seconds at the suzuki trunk but tells teammates to start from the roar of the grid after coming in second mclaren's jenson button was third fastest on the day of a briton was demoted to eighth smalls on the grid the changing gear box. was time we could be out she into third man rocio lotus will complete the second row ferrari's fernando alonso will stand six a speech spaniard to defend his twenty nine point overall lead ahead of the tale. but the tennis and world number two money a shot up of a set faced round. of the china open after both went through in straight sets

coming back from three one down in the first sentence local stan marley the french open champion never looked bang securing a six forty. when i was. a slow start to our plans my own bought the lease expulse from about a russian will be hoping to extend a good form again after beating the russian in the last five hard court battles between the two. while in the men's draw top seed novak djokovic play third seed joe with a song in the final serbian i'm crossing germany's florian meyer in straight sets six one six for the french one song secured a spot in the decider the spanish crown and you see on the lopez retired in the second sentence due to a left wrist injury. or spent three weeks since the n.h.l. lockout was announced well since then kontinental hockey league has been getting stronger and stronger with some of the world's brightest stars moving across the ocean well to bring some of the most spectacular moments that cage. in the last ten

days.

live. live live live. live live live. live

lead live live

. well we got today small small coming up in just under so i started. free credit three. four three. three. three. three. three blog video for your media project free media party dot com. my parents really truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems

. i was missing my leg and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me for my hands you know just as if anyone would. but they do tell a story they tell a story of. oxen. download the official application to self choose your language stream quality and enjoy your

favorites from alzheimer's now t.v. is not required to watch on t.v. all you need is your mobile device to watch r.t. in any time. while. kelly just offers an air show and an uninitiated museum was a matter you. left the residence never profited from the performances notion of coming our signature get there you look up and there's one check in on you he's an alpha beta gamma he's with all the the final twin tree and he's letting a guy with out there know what going on they can pinpoint. right now. those shells become income mortal danger and a piece of art says stick them in base directly in making

some temporary. bombs and. on our team. i.